CFD’s

We strive to provide traders with tight, competitive spreads and low margin requirements. However, there might be instances spreads and margins may vary with the market changes.

For more information about current trading conditions on CFD Cash Indices, please contact us.

Trading hours

Matador Prime offers trading with indices through the MetaTrader 4 platform with the following trading hours (GMT+2):

Code

Trading hours

Break Time

SP500

Mon 01:00 – Fri 23:15

Daily from 23:15 until 23:30 and from 24:00 until 01:00

DowJones

Mon 01:00 – Fri 23:15

Daily from 23:15 until 23:30 and from 24:00 until 01:00

Nasdaq

Mon 01:00 – Fri 23:15

Daily from 23:15 until 23:30 and from 24:00 until 01:00

FTSE

Mon – Fri 09:00 – 23:00

None

DAX

Mon – Fri 09:00 – 23:00

None

CAC

Mon – Fri 09:00 – 23:00

None

EuroStoxx

Mon – Fri 09:00 – 23:00

None

IBEX

Mon – Fri 10:00 – 18:30

None

Nikkei

Mon – Fri 02:00 – 23:15

None

ASX

Mon – Fri 00:50 – 22:00 (Fri 21:45)

Daily from 07:30 until 08:10

Rollover interest for CFDs on cash indices

All open Index CFD positions at End-of-Day time (00:00 MT4 Time) are rolled forward to the next trading day:

If you hold a long (buy) position, then you will be charged financing based on LIBOR plus 2.5% to roll the position;

If you are short (sell), you may receive/be charged financing based on LIBOR minus 2.5%.

On Wednesdays, to account for holding a position into the weekend, rollover is 3X times as usual.

Dividends on CFDs on cash indices

Cash Index CFDs are made up of a group of stocks that may pay dividends throughout the year. This means that they are subject on dividend adjustments, when clients have opened positions at End-of-Day time (00:00 MT4 Time).

Dividends are paid to the client’s account for long positions in CFD on indices. Owners of short positions in CFD on indices will owe dividend, which will be deducted from their trading accounts.

PRODUCTS

Matador Prime and Sterling Gent Trading Ltd. have entered a Joint venture in which they share technology, business processes, and regulatory responsibilities. Both firms work in conjunction to help create the ultimate trading experience for the client. Sterling Gent Trading Ltd. is authorized and regulated Forex Broker by the Financial Services Commission under the Securities and Investment Business Act, 2010. Licence # SIBA/L/11/0987.

All financial products traded on margin carry a high degree of risk to your capital and it is possible to lose more than your initial investment. They are not suitable to all investors. Please ensure that you fully understand the risks involved. Past performance is not necessarily indicative of future results.